AIG Expands NextGen Protection To Transportation And Logistics Industry

The American International Group (AIG) insurers today announced the expansion of their NextGen Protection® suite of products with the release of PLL Transportation and Logistics Protect SM. PLL Transportation and Logistics Protect is specifically designed for clients who transport, or arrange transport for, both hazardous and non-hazardous materials.

Drawing on more than three decades of experience in the environmental insurance marketplace, AIG continues to identify industry classes that face potential exposure to environmental liability from facilities they own or operate and products and services they provide.

“The transportation and logistics industries face unique environmental risks that can take place in their backyard, across the world, or anywhere in between. Whether our clients are transporting by truck, rail or barge, PLL Transportation and Logistics Protect and our global footprint help to provide them with the protection they need,” said Lana Keppel, AIG Environmental Division Executive.

PLL Transportation and Logistics Protect provides liability coverage that includes:
  • New conditions coverage for locations not owned by the client but used for temporary storage of products
  • Discovery-restricted site coverage for insured’s owned or leased office spaces, warehouses, maintenance facilities and facilities used for the storage of cargo
  • Coverage for spills that occur while fueling a power unit
  • CrisisResponse ® coverage provided in addition to the policy limits (up to $250,000)

For more information regarding NextGen Protection from AIG, please send an e-mail to environmental@aig.com.

American International Group, Inc. (AIG) is a leading international insurance organization serving customers in more than 130 countries and jurisdictions. AIG companies serve commercial, institutional, and individual customers through one of the most extensive worldwide property-casualty networks of any insurer. In addition, AIG companies are leading providers of life insurance and retirement services in the United States. AIG common stock is listed on the New York Stock Exchange and the Tokyo Stock Exchange.

Additional information about AIG can be found at www.aig.com | YouTube: www.youtube.com/aig |Twitter: @AIG_LatestNews| LinkedIn: http://www.linkedin.com/company/aig

AIG is the marketing name for the worldwide property-casualty, life and retirement, and general insurance operations of American International Group, Inc. For additional information, please visit our website at www.aig.com. Products and services are written or provided by subsidiaries or affiliates of American International Group, Inc. (AIG). Not all products and services are available in every jurisdiction, and insurance coverage is governed by actual policy language. Certain products and services may be provided by independent third parties under contract with AIG or its subsidiaries or affiliates. Insurance products may be distributed through affiliated or unaffiliated entities. In Europe, the principal insurance provider is AIG Europe Limited.

Copyright Business Wire 2010

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